Performance

A once out of fashion secondaries process could signal the return of fund restructurings for liquidity-strapped GPs. Plus: A UK LP veteran is joining the Middle East movement; and Goldman Sachs appears to be leaning into APAC private credit. Here's today's brief, for our valued subscribers only.

CVC's exit activity soared in the first quarter. Plus: Hamilton Lane warns of dollar devaluation; and Inflexion closes Europe's largest continuation fund. Here's today's brief, for our valued subscribers only.

New chief executive Benjamin Cordonnier will oversee the firm's day-to-day operations alongside co-managing partner Judith Charpentier.

Without new capital coming in, the firm is considering an extensive continuation fund process that would extend its ability to make new investments.

Japan is benefitting as some investors shift focus away from Chinese private equity, partner Naofumi Nishi tells PEI.

New data suggests NAV loans are rarely used to massage DPI. Plus: a $23 billion pension has tweaked its PE allocation to get ahead of potential liquidity challenges; and a Japanese buyout firm completes an MBO. Here's today's brief, for our valued subscribers only.

The firm remains ‘very, very focused’ on the performance of Fund VIII, which closed below target in 2023.

TPG's fundraising ambitions remain undented by tariff turmoil. Plus: Eurazeo sees inflows and exits soar; and small deals drive Indian dealmaking. Here's today's brief, for our valued subscribers only.

Fund VII, which has an undisclosed target, held its most recent interim close on $1.79bn in November, PEI data shows.

The firm had previously been expecting to hit Fund VI’s $13bn target by end-2025.